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Showing posts with the label Non-Alcoholic Beverages Market Size

Non-Alcoholic Beverages Market Size | COVID-19 Impact, Share and Forecast to 2024

Market Overview Global  COVID-19 Impact on Non-Alcoholic Beverages Market  is projected to grow with a  significant growth rate of 4.61% from 2019 to 2024 and reach a market value of USD 1073.9 billion by the end of 2024.  Company’s strategies inclined to launch of new non-alcoholic beverage products is also encouraging the growth of the market. Prevailing trends observed during the analysis include innovations in food and beverage processing techniques and technology advancements and consumer’s preference towards healthy drinks. Despite demonstrating the huge growth potential, the non-alcoholic beverages segment, as a category faces a lot of challenges.  The predominant one is the stomach-churning combination of a high level of caffeine and a load of sugar in one handy can, Energy drinks are said to have encouraging obesity and aggressive behaviour. Besides, some non-alcoholic drinks like Coke or Pepsi, loaded with huge amounts of pesticides are addictive....

Non-Alcoholic Beverages Market Size, Business Opportunity, Global Analysis and Forecast to 2024

Market Overview Global  Non-Alcoholic Beverages Market  is  projected  to grow with a significant growth rate of  4.61% from   2019 to 2024  and reach a market value of  USD 1073.9 billion by the end of 2024.  Alcohol free beverages are beverage from which alcoholic content is removed and non-dairy is a part of food & beverages, which are dairy-free or do not contain lactose for the section of population who are lactose-intolerant and vegan. With the growing consumer awareness & their increasing interest in healthy lifestyle, healthy & organic non-alcoholic beverages market is anticipated to grow at higher CAGR during the forecast period. However, consumers are now aware of various certifications, and labels, hence organic & clean label certification will drive the market. Globally, the market for  Non-Alcoholic Beverages Market Size  has been increasing due to urbanization and changing consumption patterns and...